News
LANDLORD ORGANISATIONS ANNOUNCE PLANS TO MERGE
Wednesday 18th September 2019
Two major landlord organisations are planning to join together in a move they believe will give the private rented sector a stronger voice on a regional and a national level. The boards of the National…
Housing minister hints at longer minimum length for tenancies again
Tuesday 17th September 2019
Housing minister Esther McVey has hinted heavily that the Government will introduce regulations to introduce a longer minimum tenancy period for renters as part of its proposed reforms of the Assured Shorthold Tenancy (AST)…
Rents Reach Record High in the UK for Third Month in a Row
Friday 13th September 2019
Rents in the UK’s private rented sector increased to a record high in July for a third consecutive month, the latest figures from letting agents shows. ARLA Propertymark’s July Private Rented Sector (PRS) report shows that rent prices…
NUMBER OF DEALS AVAILABLE TO FIRST-TIME LANDLORDS HAS ‘BOOMED TO A RECORD HIGH
Thursday 4th July 2019
The choice of first-time landlord buy-to-let products has increased to an all-time high, according to the latest research from Moneyfacts.co.uk. The data reveals that the number of deals available to first-time landlords has risen sharply…
CALL FOR RIGHT TO RENT POLICY TO BE SCRAPPED IN THE UK
Wednesday 26th June 2019
The next British Prime Minister is being urged to scrap the controversial Right to Rent scheme, with a coalition of organisations pointing out…
OVER A 10-YEAR PERIOD RENTING IS CHEAPER THAN BUYING
Thursday 13th June 2019
Renting is typically cheaper than buying over a 10 year-period when taking into account upfront and monthly payments, lettings platform Bunk has found. Across the UK the average monthly rent is £676. With the newly introduced…
RENTAL PROPERTIES ONLY EMPTY FOR THREE WEEKS ACROSS MUCH OF THE COUNTRY
Thursday 23rd May 2019
New data from Proptech firm Goodlord suggests that the average void period for England and Wales is just 21 days. The longest…
SHARP RISE IN TENANCY DEPOSIT DISPUTES BEING RESOLVED BEFORE ADJUDICATION
Wednesday 22nd May 2019
Early intervention between landlords and tenants across the UK is resulting in many more deposit disputes being resolved by agreement, without the need to go to adjudication. By law, each deposit protection scheme must offer free dispute resolution services…
Minister reassures that eviction process ‘will be improved’
Tuesday 21st May 2019
Hurried comments to reassure follow widespread alarm that abolishing Section 21 notices would be 'devastating' for landlords and agents. The Government has rushed to reassure landlords and letting agents…
Average new rents continue to rise ahead of fees ban
Tuesday 14th May 2019
The average new rental price is still rising, ahead of the imminent tenant fees ban. Referencing firm HomeLet says that last month the average new rent across the UK was £936, up 2% on April last year. When…